Two Wheeler Insurance

Online Two Wheeler Insurance from HCSL – Insurance Distribution

Your two-wheeler is about freedom and the HCSL two-wheeler insurance policy has been designed to set you free. Our comprehensive two-wheeler insurance policy provides hassle-free protection to your bike or scooter against physical damage, theft and third party liability.

Two wheeler insurance includes motorbike insurance, and scooter insurance. Two wheeler insurance offers various coverages and benefits that are considered as a boon for the two wheeler owners.

• Nearly Cashless settlement at authorised dealerships.
• Hassle-free claim settlement
• Quick and easy steps to purchase online
• 18×7 claim support

Buying a comprehensive two wheeler insurance policy is crucial for all two-wheeler owners. The insurance is meant for keeping the vehicle and owner secure against various damages caused by natural and man-made calamities, including acts of terrorism. If you own a two wheeler, buying this policy will help you keep protected from the impact of damages incurred due to personal accident, theft, third party liability and a lot more. It is important to keep your two-wheeler secure and the best way to do this is to get an appropriate insurance cover.

The Cover

Make sure you know what is covered in your two wheeler insurance policy before investing on one. The basic cover features for such plans include:

Loss or Damage to your Vehicle against Natural Calamities:

Loss or Damage to your Vehicle against Man-made Calamities:

Personal Accident Cover Coverage

The cover is offered under situations where the individual owner or driver of the vehicle mounts or dismounts from the two wheeler while driving or travelling. You can also get optional personal accident covers for co-passengers.

Third Party Legal Liability Protection

This is one of the most important cover facilities available for bike riders. The cover is available against legal liability due to accidental damages resulting in the permanent injury, death of a person, and damage caused to the surrounding property. It is crucial to understand the details of this cover via referring to the policy documents and reading the terms and conditions carefully.

Exclusions for Two Wheeler Insurance Policy

• Normal wear and tear
• General ageing of the vehicle
• Depreciation
• Consequential loss
• Mechanical breakdown
• Electrical breakdown
• Damage to tyres and tubes (unless the vehicle is damaged)
• Vehicles being used otherwise than in accordance with limitations as to use
• Damage to/ by a person driving any vehicles or cars without a valid license
• Damage to/ by a person driving the vehicle under the influence of drugs or liquor
• Loss/ damage due to war, mutiny or nuclear risk

Value Added Add-on Covers:

Nil Deprecation:- A unique benefit for all Hero MotoCorp 2 wheeler customers

This is an add on cover for all HCSL Insurance Policies which allows no depreciation deduction from repair loss claims for replacement of damaged parts. This cover is applicable to all 2 wheelers insured on HCSL system.

Conditions

• ND Cover provides coverage to all new vehicles as well as vehicles for renewal;
• Cover is up to age of 3 years of vehicle from the policy commencement date;
• No claim excess clause
• Mid-term inclusion of add-on cover is not allowed

Claims

• Depreciation will not be deducted from repair loss claims, for replacement of damaged parts. ( total loss and CTL will be settled on the basis of IDV)

Return to Invoice

Hero corporate in association with its insurance partner launched an Innovative insurance cover for all hero Motocorp customers

Benefits

• Invoice protect can be sold to any Heromoto Corp customer
• Difference between the current invoice price of the insured vehicle and insured’s declared value
• First time registration charges, motor own damage premium paid and road tax incurred with respect to the insured vehicle, their sum subject to a maximum of 10% of current invoice price.

Underwriting Guidelines

• Permitted For all Hero Motocorp Vehicles & HCSL Renewals for 2 Years (subject to below mentioned conditions).
• Applicable on all HCSL renewal, incase of break-in renewal survey of the vehicle is must.
• Applicable only if vehicle is insured through HCSL system
• Applicable only if vehicle is covered from / prior to date of delivery
• Mid-term cover is not permitted
• Cover is available only to original buyer of Hero Motocorp vehicle
• Cover expires if vehicle is sold / transferred in mid-term of policy
• Normal policy excess would be applicable under own damage section
• Invoice protect premium not eligible for NCB calculation
• RTO receipt for registration charges and road tax would be required at the Time of claim`